Binance Futures announced the launch of GRASSUSDT, DRIFTUSDT, and SWELLUSDT perpetual contracts with leverage of up to 75x. These contracts went live offering traders additional exposure to Solana’s GRASS token, as well as DRIFT and SWELL. Following this announcement, GRASS token surged by 14%, driven by increased interest and trading volume as users leveraged the new futures offerings on the platform.
Binance Launches 75x Leverage for GRASS, DRIFT, and SWELL Perpetuals
In a recent announcement, Binance Futures introduced three new USD-margined perpetual contracts for Solana’s GRASS, DRIFT, and SWELL tokens. These contracts allow up to 75x leverage, providing traders with an opportunity to gain increased exposure to these tokens. The GRASSUSDT contract went live on at 15:30 UTC, followed by DRIFTUSDT and SWELLUSDT at 15:45 and 16:00 UTC, respectively.
The new perpetual contracts are designed to attract more users to Binance Futures by expanding the list of trading options. This lis
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